The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant …
Continue reading “UPSC Current Affairs Quiz : 28 October 2025”
The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant …
Continue reading “UPSC Current Affairs Quiz : 20 October 2025”
Source: IT Context: The New Development Bank (NDB) — co-founded by BRICS nations in 2015 — marks its 10th anniversary, while Pakistan has formally sought China’s support to join the institution to diversify from IMF and World Bank dependence amid its economic crisis. About The New Development Bank (NDB): What It Is? The NDB is …
Source: LM Context: Algeria has officially joined the New Development Bank (NDB), becoming a full member after submitting its instrument of accession on May 19, 2025. About New Development Bank (NDB): What is NDB? A multilateral development bank established by BRICS nations to mobilise funds for infrastructure and sustainable development. Functions as an alternative to …
Source: DH Context: The National Bank for Financing Infrastructure and Development (NaBFID) signed a strategic MoU with the New Development Bank (NDB) to boost cooperation in long-term infrastructure and clean energy financing in India. About NaBFID (National Bank for Financing Infrastructure and Development): What it is: A Development Finance Institution (DFI) dedicated to funding long-term …
Continue reading “National Bank for Financing Infrastructure and Development (NaBFID)”
Source: TH Context: Nigeria has been officially admitted as a “partner country” of the BRICS bloc, which now includes nine partner nations alongside its full-time members. About BRICS Bloc: Established in: BRICS was formally established in 2009, initially as BRIC (Brazil, Russia, India, and China). South Africa joined in 2010, forming BRICS. Headquarters: BRICS does …
UPSC CURRENT AFFAIRS – 31 October 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Source: Live Mint Context: Tensions are escalating between Venezuela and Brazil after Venezuela’s bid to join BRICS was blocked, reportedly by Brazil. BRICS and Joining Process: Joining process: BRICS evaluates candidates based on international influence, regional stability, and potential contributions to the bloc. New members are typically proposed during BRICS summits, and all current members …
Topics Covered: Important International institutions, agencies and fora, their structure, mandate. New Development Bank: Context: New Development Bank has approved infrastructure projects worth 741 million dollars in India. About the New Development Bank: It is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa). It was agreed to by …
Topics Covered: Important International institutions, agencies and fora, their structure, mandate. New Development Bank What to study? For Prelims and Mains: NDB- roles, composition, objectives and functions. Context: Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Special Board of Governors meeting of the New Development Bank (NDB) through video-conference. The agenda included the …
Topics Covered: Important International institutions, agencies and fora, their structure, mandate. New Development Bank What to study? For Prelims and Mains: NDB- roles, composition, objectives and functions. Context: Finance Minister of India recently attended the 5th Annual Meeting of the Board of Governors of the New Development Bank through video-conference. About the New Development Bank: It …
